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- August 19, 2021
Display panels are complicated systems. Today’s show era is the end result of research finished through the years. Digital display panels can present lots of multimedia codecs to the audience, which makes them a higher and advanced mode of communication.
Technology improvements in digital presentations through the years have brought about notable growth, higher quality, and lesser prices. Today, it’s difficult to imagine an international without virtual displays.
Market Regions
The display panel market has grown at different rates across the world. Read on for growth insights over the last five years.
- Global Liquid Crystal Module market can be divided into North America, Europe, South America, Middle East & Africa, and the Asia Pacific. The Asia Pacific is expected to hold the leading share of the global market during the forecast period, owing to the presence of a large number of manufacturers of liquid crystal modules in the region.
- APAC is leading the OLED market in terms of market share owing to the high demand for OLED display panels from smartphone vendors and OEMs in China, Japan, Taiwan, and South Korea.
- America, which includes the area of North America (the US and Canada) and Latin America, is the largest hub for manufacturing as well as consumption of AMOLED micro-displays. This owns to the rising population and its demand for advanced consumer products.
- The European region, which includes Germany, the UK, France, Russia, and Italy, is also expanding its market of AMOLED displays. This owns to the rise in demand for smartphones, tablets, and monitor screens.
- The growing automotive industry has also led to a rise in demand for AMOLED displays and their related products. The car play systems installed in cars are made up of AMOLED screens.
Future of Display Technology
OLED technology has shown many incredible features such as high dynamic range, good wide-gamut and high-resolution displays. But it has also paved the way for the future of screen technology that is almost certainly Micro-LEDs. As with every revolutionary technology, there is a learning curve for producers and manufacturers as material science and manufacturing processes struggle to catch up to the theoretical potential of the technology. Once manufacturing potential catches up to the rendering benefits of micro-LEDs, the leap from OLED to micro-LED could be rapid, leaving OLEDs behind as a single-generation technology that served as an interesting flyover to a new standard for displays from smartphones to televisions.
Combined with more efficient batteries, and ultra-low power consumption features, micro-LEDs will soon power all screen-dominated devices, bringing stunning resolution and brightness from the palm of your hand to all consumer electronics in your home.
Having detailed research about the Threats & Opportunities may lead you to a better position to target.
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